this post was submitted on 10 Dec 2023
458 points (95.8% liked)
Lemmy Shitpost
26660 readers
3980 users here now
Welcome to Lemmy Shitpost. Here you can shitpost to your hearts content.
Anything and everything goes. Memes, Jokes, Vents and Banter. Though we still have to comply with lemmy.world instance rules. So behave!
Rules:
1. Be Respectful
Refrain from using harmful language pertaining to a protected characteristic: e.g. race, gender, sexuality, disability or religion.
Refrain from being argumentative when responding or commenting to posts/replies. Personal attacks are not welcome here.
...
2. No Illegal Content
Content that violates the law. Any post/comment found to be in breach of common law will be removed and given to the authorities if required.
That means:
-No promoting violence/threats against any individuals
-No CSA content or Revenge Porn
-No sharing private/personal information (Doxxing)
...
3. No Spam
Posting the same post, no matter the intent is against the rules.
-If you have posted content, please refrain from re-posting said content within this community.
-Do not spam posts with intent to harass, annoy, bully, advertise, scam or harm this community.
-No posting Scams/Advertisements/Phishing Links/IP Grabbers
-No Bots, Bots will be banned from the community.
...
4. No Porn/Explicit
Content
-Do not post explicit content. Lemmy.World is not the instance for NSFW content.
-Do not post Gore or Shock Content.
...
5. No Enciting Harassment,
Brigading, Doxxing or Witch Hunts
-Do not Brigade other Communities
-No calls to action against other communities/users within Lemmy or outside of Lemmy.
-No Witch Hunts against users/communities.
-No content that harasses members within or outside of the community.
...
6. NSFW should be behind NSFW tags.
-Content that is NSFW should be behind NSFW tags.
-Content that might be distressing should be kept behind NSFW tags.
...
If you see content that is a breach of the rules, please flag and report the comment and a moderator will take action where they can.
Also check out:
Partnered Communities:
1.Memes
10.LinuxMemes (Linux themed memes)
Reach out to
All communities included on the sidebar are to be made in compliance with the instance rules. Striker
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
been meaning to do the math on this for a long time but never remember about it.
Turns out I saved $43,800 by not playing the local lottery every week since my first job.
potentially times that by seven because there seems to be a different lottery for every day of the week.
I'd like to check if my smartarse sequential number pick ever won in that time but finding the historical numbers is a bit more work than I could be bothered with right now.
Depending on how your local lottery system works you probably would have had some minor wins over the years.
I have a $5 ticket every week. My logic is that "I'm renting hope" every week theres a minuscule chance that it could be my last week at work ever. I see a house that I'll never be able to afford and I think "Sure, if I win this week. Lol" as opposed to getting all shitty about wealth inequality.
Ah, so not only false hope but also crushing class consciousness.
Its not false hope, I'm aware that its stupidly unlikely but its not impossible. I dont think Ill ever win the jackpot but the idea that it could happen is worth $5 a week.
The idea that it could happen is false hope though, because you're buying into the idea that the chance is worth $5. The chance is so small it might as well be zero. So you're way over spending for a could that is practically a won't.
There are some situations with some lotteries where the math works in your favor because of for instance rollover. But if you're committed to $5 a week you're not that lottery player.
If you were to put $5 in S&P 500 weekly for a decade it is far more likely that you'll have a profit of a few thousand on top of the money that you did not spend on lottery tickets (because you still own the stock). That's not really as radically marxist as my previous comment might make me seem, but for your personal wallet it's way better.
In this economy if you want to become rich, the best thing is to start out rich. The next best thing is starting a company and pocketing the productivity of your employees. Back to that marxism thing again.
You are more likely to play your whole life and never win a significant amount, than you are winning once.
People who think they will get more out of it than they put in are delusional. Lottery is a business, only a small part of their earnings goes back into the pot.
Put that $5 in an index fund and pretend you won $10,000 in 20 years.
Based. Using a simple lottery ticket as something to draw hope is good.
I buy a lotto ticket when the Powerball gets ridiculous. Probably won't win, but I definitely won't if I don't get a ticket. A few bucks every year is worth that improvement from zero to non-zero.
You and many people, lowering your chances even more.
You are just donating money at that point.
I'm fine with donating like $5 every couple years. Also no, more people buying Powerball tickets doesn't reduce chances to win at all, it's not a raffle. The only thing that decreases with more players is, potentially, the payout assuming multiple winners.